Performance Analysis of Public Sector Banks: A Comparative Study of Major SAARC Countries

Shah GUl

Abstract

Sustainable financial development is crucial for the development of the economy as a whole Banking is a major component of the financial system. The financial sector plays a role in facilitating investment and long term economic growth, and currently accounts for about eight percent of gross domestic product (GDP). This study attempts to analyze the efficiency of public banks of four major SAARC countries. For this purpose data from 2007 to 2011 have been taken. The main objective of this comparative study is to analyze the financial performance of public banks of major countries (Pakistan, India, Bangladesh and Sri Lanka) of South Asian Association Regional Cooperation (SAARC) from the period 2007-2011.The results show some conclusive remarks along with sound policy implication in the context of SAARC region